6, BEACON CLOSE, MARKFIELD, LE67 9SR - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 BEACON CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £285,883. It was last sold for £180,000 in October 2015, which was around 25% below the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

6 BEACON CLOSE Sold Prices

Land registry data shows two sales for 6 BEACON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 6 BEACON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 26 OCT	£180,000	£240,394	25% below HPI
2013 1 FEB	£146,000	£208,041	30% below HPI

6 BEACON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 6 BEACON CLOSE sales from February 2013 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 BEACON CLOSE be worth now?

6 BEACON CLOSE might now be worth an estimated £285,883.

This is based on house price inflation of 58.8%, between October 2015 and December 2024, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.8% inflationary increase is applied to the most recent sale price for 6 BEACON CLOSE of £180,000 on 26th October 2015. For the value to have increased from £180,000 to £285,883 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 BEACON CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BEACON CLOSE has not materially changed since October 2015.

How Large is 6 BEACON CLOSE?

6 BEACON CLOSE is 78m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Markfield, and where 6 BEACON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 6 BEACON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Markfield.

6 BEACON CLOSE: Plot and Title Map

6 BEACON CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 6 BEACON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 BEACON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 BEACON CLOSE?

6 BEACON CLOSE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 6 on BEACON CLOSE.